A resurgence in fighting around the Libyan capital of Tripoli this week has driven U.S. forces to pull out of the country and is providing a new upside risk to global oil prices, underscoring the OPEC producer’s importance to markets and the fragility of its supply. Read More...

Facebook has said it has made strides in its efforts to prevent online abuses in the Indian national election that starts this week but acknowledged that gaps remain in its “election integrity” efforts. READ MORE...

Less than one week after Google scrapped its AI ethics council, the European Union has set out its own guidelines for achieving "trustworthy" artificial intelligence. On Monday, the European Commission released a set of steps to maintain ethics in artificial intelligence, as companies and governments weigh both the benefits and risks of the far-reaching technology.READ MORE...

Britain just announced plans for a tough new law aimed at forcing tech giants like Facebook and Twitter to clean up their platforms. The rules, unveiled in a white paper on Monday, would impose a legally binding duty of care on social networks to make sure they tackle harmful content.READ MORE...

Wells Fargo analysts downgraded Harley-Davidson stock, leading to shares of the iconic motorcycle brand dropping -2% on the news Monday. The analysts lowered their rating to “market perform” from “outperform”.He also mentioned that there is a growing consumer tilt toward mid-sized and smaller motorcycles. Nevertheless, Conder raised his price target on the motorcycle company's stock to $41 per share from $40.

New Age Beverages is expanding its distribution deal with retail giant Walmart on its line of CBD-infused Bob Marley-themed drinks. New Age’s agreement with Walmart is the beverage maker’s first national distribution deal.It is also in talks with Walmart for drinks in addition Marley Mate brand.

Pinterest is hoping to raise as much as $1.5 billion in its initial offering of shares. The digital photo and social media site said in a regulatory filing that it will put about 75 million shares up for sale at a price between $15 and $17 each. This price range, at the higher end, could put the value of the company at around $9 billion, below the estimated $12 billion value from earlier sales of shares to investors, according to reports two years ago.

U.S.consumer sentiment for home buying rose to its strongest in nine months, as a result of a sturdy jobs market and a decline in mortgage rates so far this year, according to Fannie Mae.  The federal mortgage agency said its home purchase sentiment index increased by 5.5 points to 89.8 points, its highest since last June. Fannie Mae’s latest data showed the net share of consumers surveyed in March who said it is a good time to sell a home jumped 13 points to 43%.

The U.S. Federal Reserve on Monday proposed a new regulatory regime for foreign banks operating in the U.S. that aims to more closely tailor the rules in line with firms’ risk profiles. Read more...

Starbucks shares slid around -1.2% in pre-market Monday, following a downgrade by a UBS analyst. Analyst Dennis Geiger lowered rating on the coffeehouse-chain’s stock to “neutral” from “buy”.However, he bumped up his price target on the stock to $78 a share from $72, owing to the company's $2 billion share buyback program and a modest increase in its fiscal 2020 earnings per share estimate. But he cautioned against what he perceives are risks from "downside to more elevated sales/earnings expectations as an offset.

The White House is planning to roll out an executive order next week that aims to cut regulations, spur interstate pipeline construction and lower energy costs, according to two senior administration officials. Read More...

Edward Morse, the global head of commodities research at Citi Group, gave a bullish outlook for global oil markets Sunday, saying that current inventories were at a “constructive” level. Read More...

Amazon’s plan to launch thousands of internet satellites to connect billions of people around the world represents a serious and underappreciated entrant in the space business, multiple analysts and industry executives told CNBC. Read More...

In a move to get people spend more time on its app, Snapchat is launching a new gaming platform called Snap Games that features original games only available on Snapchat through its group chats. The move is timely as its user numbers have recently declined coupled with stiff competition from Facebook’s Instagram. The game will focus on multiple players in real time.The gaming demographic has widened now and companies are no longer looking at a teenage male. Snapchat believes it could stay relevant by rolling out a service in which its games will enable communication among players during the game.

Total sales included about 50,900 Model 3 sedans, Tesla's best-selling vehicle, and 12,100 luxury Model S sedans and Model X SUVs. These figures are indeed a matter of concern for investors, as the company's sizeable debt lingers in the backdrop.Firstly, the company hastened to finish Model 3 production last year so buyers could take advantage of a $7,500 federal tax credit, which lowered the amount people had to pay for Tesla's vehicles. Secondly, the company started shipping its Model 3 to China and Europe for the first time in the first quarter.

This is, however, not surprising as the South Korean tech giant had already expressed warning last month. Lack of demand from data center companies buying memory chips as well as declining smartphone sales have impacted sales of Samsung’s memory chips.Analysts’ further express concerns over the persistence of these problems for the next quarter as well, with a slim opportunity that it may improve from the second half of the year. According to the executive director, the weaker-than-expected operating profit number could be explained by a likely one-off provision in cost for Samsung’s memory business.

David Malpass, the Treasury official nominated by President Donald Trump to head the World Bank, was elected to the job on Friday. Malpass was approved unanimously by the bank's 25-member executive board on Friday.He will begin a five-year term  Jim Yong Kim, an Obama administration pick who stepped down earlier this year, three years before his term was to end. Malpass was serving in the Trump administration as Treasury's under secretary of international affairs.

President Donald Trump said the U.S. Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down. “I think they should drop rates,” Trump told reporters.There’s no inflation.”  Trump also suggested that the central bank pursue a monetary policy called “quantitative easing” that was used to help the economy after the global financial crisis.

U.S.employment growth accelerated from a 17-month low in March, assuaging fears of an abrupt slowdown in economic activity, but a moderation in wage gains supported the Federal Reserve’s decision to suspend further interest rate increases this year. Read more...

Networking company Juniper Networks (NYSE: JNPR) has been falling since last November, but it is the three highs from December, January, and April 3 that got my attention.The indicators performed similar crossovers in November, January, and February. The Tickeron AI Prediction tool generated a bearish signal on Juniper on April 3.